Amadeus IT Holding announced the purchase of Navitaire in the US from Accenture for a consideration of $830m. The funding of the acquisition will be exclusively by debt. Pending the regulatory approvals, the operation is expected to be completed in Q4 15.
03 Jul 2015
Interest for the LCC market with the Navitaire acquisition
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Interest for the LCC market with the Navitaire acquisition
Amadeus IT Group SA Class A (AMAD:WBO) | 0 0 1.2% | Mkt Cap: 26,189m
- Published:
03 Jul 2015 -
Author:
Hélène Coumes -
Pages:
3
Amadeus IT Holding announced the purchase of Navitaire in the US from Accenture for a consideration of $830m. The funding of the acquisition will be exclusively by debt. Pending the regulatory approvals, the operation is expected to be completed in Q4 15.